Market participants will be focused on UK inflation data for June [Video]
|While U.S. data continues to print below expectations, pushing the USD down to the 2017 fall that’s driven prices to fresh ten-month lows, today market participants will be focused on UK inflation data for June which will be out at 8:30 AM GMT. there is likely to be little change in either the headline inflation figure of 2.9% year/year or the core number of 2.6% but a small dip is possible and, either way, the steady climb in the growth of the consumer price index could now be near its peak.Later Euro-Zone ZEW Survey (Economic Sentiment) (JUL) will be out at 9 AM, followed by the import and export Price Index for June at 12:30 PM GMT. Thanks for watching, invest responsibly and I wish you the best of luck making pips by trading forex.
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